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Home Warranty When Buying New Property
Home Warranty When Buying New Property
A home warranty is an affordable way to cover the costs of unexpected mechanical failure of a major system or appliance. A home warranty is specifically designed to cover the kinds of repairs that home insurance does not: appliances, plumbing and electrical, air conditioning and furnaces, and pool equipment.
The average annual cost of a home warranty p ...
Why Choose an Accredited Buyer Representative (ABR)?
Why Choose an Accredited Buyer Representative (ABR)?
Until the early 90's, direct representation of buyers was basically nonexistent. As public interest in the concept began to grow, changes to state real estate regulations were pushed into effect (away from sub-agency and undisclosed dual agency towards direct representation of buyers), and the National Association of REALTORS® (NAR) took n ...
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Property Title Insurance
Property Title Insurance
Generally, there are two forms of title insurance. Lender's title insurance, required by most lending institutions, is normally written in the amount of the mortgage and protects the lending institution from losses resulting from title defects.
Because lender's insurance expires when the mortgage is repaid, you may benefit from the second form of title insurance kno ...
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What to Offer When Buying a New Home?
What to Offer When Buying a New Home?
Finding the house you want to make your dream home can be an incredibly exciting moment. Making an offer on that house however, can be a daunting and stressful task. The written offer is a step in the home buying process that requires the finesse, experience and negotiating skills of a REALTOR® professional.
Deciding How Much to Offer
There are several ...
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Home Inspections and What to Expect
Home Inspections and What to Expect
Buying a home may well be the largest financial investment you will ever make. Naturally you will want to know as much as possible about the property before you finalize the purchase at closing.
It's important to hire a knowledgeable, independent home inspector for advise on the overall condition of the property. The purchase contract usually requires spe ...
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Should You Get Pre-Approved for a Loan First?
Should You Get Pre-Approved for a Loan First?
MOST DEFINITELY!!
Most mortgage lenders take the guess work out of applying for a loan by determining for you the amount you can afford to borrow. Then, they give you a printed document stating the maximum mortgage amount you qualify for based on your particular finances and income.
Mortgage pre-approval establishes your price range and strengt ...
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Moving Resources When Buying or Selling A Home
Moving
Moving can be a stressful time for everyone, even pets! However, preparation is the key to success.
Preparing to Move
Moving can be a daunting task, but it doesn't have to be. Whether you choose to hire outside professionals or you choose to do it yourself, being prepared will ultimately make the move much smoother. Your REALTOR® can advise you and help make your move easier. Be sur ...
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What You Need to Know About Insurance When Buying or Selling a Home
Home Insurance
Home insurance, also called hazard insurance or homeowners insurance, is a type of insurance that covers private homes. It combines various personal insurance protections, which can include: losses to one's home, its contents, loss of its use, or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at ...
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